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Get your taxes done using TurboTax
Sounds like you mother attempted to evade the rent allowance rules and now you are stuck with the bill. If you receive the money then it will be taxable to you. Once the money is sent to you it is your money. If you give it to your mother then is is a non-reportable gift.
That is what happens when people try to work around the rules without first looking at the tax consequences.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
March 12, 2021
4:35 PM